Global Legal Entity Identifier Foundation (GLEIF)

Micro, small and medium enterprises (MSMEs) generate significant wealth for countries across the world and thanks to the digitalization of the global economy, they have more opportunity for growth than ever before.

GLEIF’s vision is that prosperous economies start with transactional trust. For MSME owners, the first step is being able to prove the legitimacy and credibility of their enterprise. While national business registries exist for this very purpose, there is a significant additional benefit in having a trusted identity which is recognized universally and provides transparency across the global marketplace. The Legal Entity Identifier (LEI) is an obvious solution.

For more information on this topic, please see recent GLEIF Blog here: gleif.org/en/newsroom/blog/why-a-trusted-identity-is-the-first-step-to-financial-inclusion-for-smes

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Global Legal Entity Identifier Foundation (GLEIF)

Global LEI FDN (GLEIF) PRO

The Global Legal Entity Identifier Foundation (GLEIF) channel provides information on the rollout of the Legal Entity Identifier (LEI).

In 2011 the Group of Twenty called on the Financial Stability Board (FSB) to provide recommendations for a global…


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The Global Legal Entity Identifier Foundation (GLEIF) channel provides information on the rollout of the Legal Entity Identifier (LEI).

In 2011 the Group of Twenty called on the Financial Stability Board (FSB) to provide recommendations for a global LEI and a supporting governance structure. This led to the development of the Global LEI System which, through the issuance of LEIs, now provides unique identification of legal entities participating in financial transactions across the globe. The FSB emphasized that global adoption of the LEI underpins multiple “financial stability objectives” and also offers “many benefits to the private sector”.

The LEI is a 20-digit, alpha-numeric code based on the ISO 17442 standard developed by the International Organization for Standardization. The LEI connects to key reference information that enables clear and unique identification of legal entities participating in financial transactions.

Established by the FSB in June 2014, GLEIF is a not-for-profit organization created to support the implementation and use of the LEI. GLEIF is headquartered in Basel, Switzerland. GLEIF services ensure the operational integrity of the Global LEI System. GLEIF also makes available the technical infrastructure to provide, via an open data license, access to the full global LEI repository free of cost to users.

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